In a report released by the National Bureau of Economic Research (NBER), it was seen that the GDP level had reduced a second time, which is the usual indicator of a recession. However, despite the data showing a reduction in consumer spending, the NBER has announced they believe the economy is not in a recession.
by Matin VarshochiOn July 30, 2022, a $1.34 billion jackpot was won in a Mega Millions lottery. As this amount was the second highest recorded in United States history, it is the perfect time to go over the process of winning the lottery, from the luck it requires to how the winnings can be claimed and the disadvantages of winning a lump sum of money with practically no effort.
by Matin VarshochiSince the beginning of the pandemic, the cost of living has continued to rise due to the surging inflation rates. When the Bureau of Labor Statistics calculated the most recent inflation rate using the Consumer Price Index, it was determined that it was at its highest level in 40 years.
by Matin VarshochiDuring the pandemic era, students were provided free school lunches to ensure they did not go hungry. However, as pandemic restrictions have begun easing up, the Universal Free Meals program has ended, which has left many students and families wondering how they can receive access to meals while at school.
by Matin VarshochiWorkforce payments platform Branch recently conducted a survey asking hourly workers in the United States about their financial situation. The purpose of this survey was to determine how well off these hourly workers are in the midst of the current economic climate, and the results were startling.
by Matin VarshochiMissouri currently has approximately 6,527 homeless people, or around 1.13% of its population. As the state government wishes to lower this statistic, Missouri Governor Mike Parson signed a new bill earlier this month that will go into effect on January 1, 2023, criminalizing homelessness.
by Matin VarshochiReal estate investing doesn’t have to be expensive. Many opportunities abound at a price of $1,000 or less, from real estate mutual funds to tax lien certificates. In this guide, we’ll share five ways to invest in real estate for $1,000 or less.
by Pam HillSince the beginning of the COVID-19 pandemic, many people took advantage of the low-interest rates and decided to purchase a house. As many others had a similar thought process, the demand for housing began to rise.
by Matin VarshochiThe USD and Euro are nearing parity, meaning that their bank notes could be used internationally without a change in purchasing power.
by Matin VarshochiWhen the COVID-19 pandemic began back in 2020, there were times of uncertainty. One of the main concerns people had was job security. However, many people decided it was time for them to try and explore different opportunities. As millions of people the need to find another job, this led to the Great Resignation.
by Matin VarshochiThe U.S. economy has experienced higher inflation than before, reaching its highest point since 1990. As a result, many Americans are turning to their credit cards to pay for their needed goods and services that have risen in price. Unfortunately, excessive use of credit cards to pay for goods and services can have major financial setbacks.
by Matin VarshochiOn June 24, 2022, the federal court overturned the Roe v. Wade decision, making the possibility of attaining an abortion illegal for women. This ruling came in the Dobbs v. Jackson Women’s Health Organization case, where an argument was made that the Constitution does not protect women from receiving abortions, and, thus, should be illegal.
by Matin VarshochiYour home offers a potentially high-value/low-risk way to earn money while you sleep. House hacking allows you to earn cash that can be used to pay off your mortgage or build your property investment nest egg.
by Pam HillHaving fun and making lasting memories with family is the true meaning behind celebrating the holidays. The emotional effects of debt and stress can take away from the enjoyment. Here are three reasons why you should start your holiday shopping earlier in the year.
by Sha'Kreshia TerrellEvery year, between January 1 and April 15, one must file tax returns with the federal government. To aid them with determining the amount of taxes owed for each applicant, the federal government uses income tax brackets to determine the effective tax rate.
by Matin Varshochi